Mediaboss Marketing

Sen. Rand Paul (R-Ky.) has released his annual "Festivus Report," which tracks wasteful governmental spending and it includes a finger pointed at some of the music industry's biggest hitmakers for appropriating approximately $200 million in federal aid.

Post Malone, Lil Wayne, Chris Brown, Slipknot, Korn, Smashing Pumpkins and more were cited as receiving funds under the Small Business Administration's Shuttered Venue Operators Grant, a program intended to provide a lifeline to small entertainment businesses affected by the pandemic.

The amounts received by the artists cited ranged up to $10 million dollars each. "Even Nickelback received $2 million," the report states.

"These multi-millionaire musicians were cashing checks, instead of the intended recipients: America's small businesses," Rand's report continued, adding that there was no accountability as to how the money was spent by the artists.

The now-defunct Shuttered Venue Operators Grant included over $16 billion in grants to "support the ongoing operations of eligible live venues and operators, live venue promoters, theatrical producers, talent representatives, live performing arts organization operators, museums, and motion picture theaters during the uncertain economic conditions caused by the COVID-19 pandemic." Eligible entities could qualify for up to $10 million in aid.

See the original post:
Various Hitmakers, 'Even Nickelback,' Cited in Rand Paul Report as Receiving Millions in Federal Aid - The Messenger

Tags: